AEL News and Press, American Equity Investment Life Holding Company From 07/06/23

AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of American Equity Investment Life Insurance Company and its subsidiaries, American Equity Investment Life Insurance Company of New York (Lake Suc...

2023-07-05 07:36:42 ET American Equity Investment Life Holding Co. ( NYSE: AEL ) accepted a $4.3 billion cash and stock takeover offer from Brookfield Reinsurance ( NYSE: BNRE ). AEL rose 2.4% in premarket trading. Brookfield Reinsurance ( BNRE ) agreed to buy th...

Brookfield Reinsurance (NYSE, TSX: BNRE) and American Equity Investment Life Holding Company (NYSE: AEL) (“AEL”) today announced that they have entered into a definitive agreement whereby Brookfield Reinsurance will acquire all of the outstanding shares of common stock of AEL it doe...

2023-07-04 18:00:00 ET Summary American Equity was offered a $55 buyout from Brookfield. We look at who benefits and the likelihood of the deal getting through. We look at the best way to play this for a safe return. Euphoric markets tend to get deals done. We saw an...

2023-07-01 10:13:00 ET A takeover offer sparked the week's biggest move in mid-cap and up financial stocks while the potential ban on payment for order flow led one market-making and execution firm to mark one of the biggest declines of the week. And even though 23 of the biggest banks ...

2023-06-30 11:41:46 ET Shares of American Equity Investment Life Holding (NYSE: AEL) soared this week as the stock price rose 29.5% this week as of 10 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence . American Equity is currently up about 15.5...

2023-06-28 08:56:56 ET American Equity Investment Life ( NYSE: AEL ) was cut to market perform from strong buy at Raymond James in light of its valuation amid a takeover offer from Brookfield Reinsurance ( NYSE: BNRE ). AEL has a takeout valuation of $58 per share based ...

2023-06-28 08:00:00 ET Summary Brookfield's insurance arm, Brookfield Reinsurance, has made a $4 billion takeover offer to American Equity Investment Life. Uniting with Brookfield would help American Equity shareholders with a windfall. Brookfield can only make its present bid...

2023-06-27 16:34:25 ET Shares of American Equity Investment Life Holding (NYSE: AEL) were on the rise Tuesday, as the stock price was up about 17.2% as of the closing bell. Shares had been up as much as 19% during the trading day. The stock price is currently up around 16% year to d...

2023-06-27 16:13:54 ET American Equity Investment Life Holding ( NYSE: AEL ) ended about 15% up after Brookfield Reinsurance Ltd (TSE: BNRE) said it was willing to buy the annuity provider for $4.3 billion. Analysts’ view on the Brookfield-AEL deal The proposal transl...